Active

$975,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRO6182404
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
We are delighted to offer an exceptional investment opportunity within the fast-expanding RV park market: a 36 Pad RV Development situated at 1914 County Rd 470, Lake Panasoffkee, FL 33538. This proposition stands out as a unique chance to secure a property with immense potential for both income generation and capital growth. Positioned to become a sought-after destination for RV enthusiasts, the development promises quality, convenience, and proximity to a plethora of outdoor activities. Each pad is projected to generate $600 in monthly rental income or $275 weekly. The park in its completed form would be valued at around $2.52M ($70,000 each pad). This offers a dual opportunity: investors can either capitalize on immediate income through rentals or pursue selling the fully finished 36 Pad RV Park.
Financial Considerations
Price:
$975,000
HOA Fee:
N/A
Tax Amount:
$837.43
Price per SqFt:
$1160.71
Tax Legal Description:
COM AT CL INTERSECTION OF CR 470 & CR 439 BEING ON THE N LINE OF SEC RUN S 89 DEG 49'01"W 814.05 FT S 11 DEG 36'02"W 117.51 FT S 14DEG 45'00"W 275.35 FT S 89 DEG 59'17" E 658.35 FT TO POB S 24DEG 27'46"E 65.91 FT N 89DEG 49'49" E 16.07 FT S24 DEG 27'46" E 261.50 FT N 88 DEG 09'55"W 678.80 FT S 13 DEG 48'18"W123.60 FT S 76DEG 46'35" E 909.64 FT N 24DEG 27;46" W 599.38 FT N
Exterior Features
Lot Size:
213008
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
Other
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
Business
Style:
N/A
Year Built:
1986
Construction Type:
Other
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1914 N C-470
Contact a Professional
Why Choose Us?
  • Communication and Transparency
  • Skilled Negotiation
  • Robust Professional Network
  • After-Sale Support
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